Summary: "You have this asset class which has been around for hundreds of years, but up until recently I think people haven't fully appreciated the characteristics." - Scott Lynn (Tweet)<br> Scott Lynn is the Founder and CEO of Masterworks. He began his career as a serial entrepreneur, starting tech companies focused on casual gaming, online advertising and financial technology. All along the way he collected art, and after seeing the data available in the last twenty years thanks to the Internet, Scott decided to pursue art as an investment. Art as an asset class has been around for hundreds of years, but only recently has been seen as a viable investment opportunity - made possible by Masterworks. Listen in on today's episode to find out why art is becoming more popular as an asset class among investors, what the key macro drivers are for art, and how Masterworks is making art an accessible investment opportunity.<br> Thanks for listening and please welcome our guest Scott Lynn.<br> <br> Subscribe on:<br> <br> In This Episode, You'll Learn:<br> <br> How the art market is different today than it was twenty five years ago<br> How old art is as an asset class<br> How analyzing art is different from analyzing other asset classes<br> When did art as an asset class begin to be studied<br> How art returns are related to the growth of the top 1%<br> <br> "There's so much opportunity in the art market compared to other asset classes." - Scott Lynn (Tweet)<br> <br> How art prices are driven by a decreasing supply of new works<br> How should an art collector think about risk<br> What is a bad environment for art investment<br> How Masterworks invests in art<br> What is a standard commission when buying a piece of art<br> What are the trends among art investors<br> <br> Connect with Masterworks:<br> Visit the Website: Masterworks<br> Call Masterworks: +1 203-518-5172<br> E-Mail Masterworks: support@masterworks.io<br> Follow Scott Lynn on LinkedIn<br> <br> "The thing that amazes me about the art market is how it's still very much in its infancy." - Scott Lynn (Tweet)<br> Subscribe on:<br> <br> Full Transcript<br> The following is a full detailed transcript of this conversion. Click here to subscribe to our mailing list, and get full access to our library of downloadable eBook transcripts!<br> Scott<br> You think about the art market, art as an asset class is 1.7 trillion dollars. That's a number that's published by Deloitte and has been (more or less) confirmed by Sotheby's. Last year 68 billion dollars in art sold, so think it as a couple of percent turnover every year.<br> Compare that to venture and private equity, which is 3.5 trillion dollars. There are six thousand firms that operate in venture, private equity, late-stage buyout, whatever, that help people allocate to the asset class. In the art market, there is nobody.<br> Introduction<br> Imagine spending an hour with the world's greatest traders, imaging learning from their experiences, their successes, and their failures. Imagine no more, welcome to Top Traders Unplugged, the place where you can learn from the best hedge fund managers in the world so you can take your manager due diligence or investment career to the next level.<br> Before we begin today’s conversation remember to keep two things in mind: all the discussion that we’ll have about investment performance is about the past, and past performance does not guarantee or even infer anything about future performance. Also understand that there’s a significant risk of financial loss with all investment strategies and you need to request and understand the specific risks, from the investment manager, about their products before you make investment decisions.<br> Here’s your host, veteran hedge fund manager Niels Kaastrup-Larsen.<br> Niels<br> Hey everyone and welcome to another edition of Top Traders Unplugged where today I'm joined by Scot...
